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Morning guys,

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TMack01   Thursday, 05/21/20 01:38:37 PM
Re: maxsay post# 35
Post # of 65 
Morning guys,

Without trying to sound too technical, I did a good review overnight and had an analyst in Australia who I revert to when wanting to get *soft* recommendations done just by what can be seen skimming through fundamentals on companies during DD.

After sending a list of bullet points and highlights including revenue metrics this person came back to me with a BUY recommendation (of course because of the revenues) but even if this contract was only worth $4M per year and no other revenue was achieved at all by the company and in this environment - something in the $1.20-$1.50 range.

Big range yes - but as I said, the disclaimer is this is just *soft* and not after a deep dive.
We should be careful about promoting prices that are too high - lets try be real but even from here, we are at a 2x - anything under $1 is a buy all day long and we are looking at a 64/65c open today.

Am ok if you share this as well

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